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tv   The Evening Edit  FOX Business  January 2, 2019 6:00pm-7:01pm EST

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film. >> content is king. david: we believe that here at fox. that does it for bullsag bull -r "bulls and bears." we'll see you back here tomorrow. president trump: we are asking for 5.6. we spend in afghanistan more in one month than what we are talking about for the wall. think of that. we spend in afghanistan more money than most of countries spend except a few. think about that. it's ridiculous. i'm talking about the $5.6 billion the house approved. they stepped up and they approved. i'm not holding nancy to this. but she said you will never get the republicans to vote for it. the 5 degrees 6 billion is such a strong number.
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-- such a small number. it's a month in afghanistan. this isn't just a bolder. this is national security. health and wellness. this is everything. liz: president trump not backing down in a white house meeting with congressional leaders saying he is prepared to shut down the government for as long as it takes to get the wall built. democrats like debbie dingell of michigan say stop the madness and compromise. polls show the majority of republicans and democrats want border security. law enforcement facing taken onslaught of crimes created by illegal immigrants. chaos at the border as new numbers of migrant deaths of those trying to cross. 2019 kicking off a wave of
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democrat presidential hopefuls, including elizabeth warren. we'll debate how she wants to win the white house by blaming capitalism for the rise of russia and china. a top apple executive revealing hillary clinton reportedly snrubbed am, facebook and facebook executives who wanted to help her during the 2016 election. is silicon valley doing a rethink on democrats. apple warning on first quarter results, disappointing holiday sales. look at this story. a former "new york times" executive editor doing a rethink, slamming the "new york times" for anti-trump bias. money, politics. we have the debate behind
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tomorrow's headlines. i'm elizabeth macdonald, "the evening edit" starts right now. apple shares down big time. it's going to hit 401ks and stock accounts pretty hard tomorrow. after hours apple lowered its forecast for holiday sales. it's blaming economic deceleration in china. the after hours decline. apple could shave 80 points off the dow tomorrow. give us the details. this is a stunner coming out of apple. >> this is the first time i have seen apple do this, which is cut guidance. we knew there were problems with the iphone.
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demand wasn't there. and apple told us they were going to stop breaking out unit sales of iphones. this is a tradition that goes back to the 1980s. and they had disappointing guidance for the holiday period. i don't think this is that big of a surprise. but it goes back to china where they have sold so many iphones. probably the most of successful operating in the country. so eyes phone sales taking place in what would be the world's largest economy. liz: anding lost a trillion in market value. is it a hair on fire moment? could you go to cash? what are you doing? >> in terms of the overall market this is probably the worst time for apple to come out
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and make an announcement like this. they are blaming china. but i didn't now changa could cause $10 million in slower revenue from iphone sales. the iphone upgrade cycle, people aren't going to upgrade. it has to do with the cheaper battery life replacements and getting called out on software slowing down all th -- -- all te versions. the 6 and 8 are good phones and people are holding on to them longer. liz: apple saying we are not going to report unit sales caused people upon wall street to say wait a second. there is something nasty under the hood at apple. to make's point. it looks like people are holding on their apple phones longer. they were considered the rolls
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royals of products. now a third of users hold on to their phone. >> it's the biggest revenue generator. and that has driven apple's market cap past a trillion. at some point the refresh cycle gets longer. but also have the upgrades consumer want. but they have failed to reach the enthusiasm we have seen in earlier iphone refreshes. liz: is this a catch a falling buzz saw moment? are people too hysterical? are people overreacting? should you be buying now? >> i think stocks are cheap and we'll have a great year for stocks. i think what they are not saying but they are saying is this
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upgrate cycle is a lot longer than they thought it was going to be and apple needs to come up with something new to re-ignite that flame. great coverage there. appreciate it. let's get more on that fiery meeting at the white house over the border wall. top congressional leaders are there. tomorrow will be day 13 of the shutdown. ed lawrence is on capitol hill with the latest. reporter: both leedership from the house and senate are back on capitol hill. kevin mccarthy said the president asked both sides to come back friday to try to negotiate to see if they can work out funding for a border wall. senator chuck schumer said they used that opportunity at the meeting to pitch their plan, a series of bills they have set to pass tomorrow to try to get the
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president on board with them. >> to use the shutdown as hostage which they had no argument against is wrong. and we would urge them respectfully to reconsider and support these bills which are bipartisan. reporter: tomorrow house minority leader nancy pelosi expected to become house speaker will introduce a series of bills that will fund the government through the fiscal year, except the department of homeland security. that will be funded through february 8. the president upset at democrats, calling this a political move. saying just to prevent him from getting border security. he says he wants much more money for aid for other countries and not for the u.s. borderer security. president trump: so they are going to give $54.4 billion in
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foreign aid, and they want $12 billion more but they won't approve $5.6 billion for a wall that will pay for itself almost on a monthly basis. it's just politics. it's purely politics. reporter: what we have it seems is both sides talking at each other, not with each other. it seems like this could be a long partial shutdown. liz: president trump also talked about spending on the military. lucas? >> president trump says he wants to spend more on the military. county require want to spend money on our it in without demeeting will it every day. i want to spend money in our country. that's what's happening. our military is getting really strong. i could tell you stories when i
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first got here about our military that i don't even want to talk about. reporter: the president also took question about the syria withdrawal but didn't offer a timeline to pull out. president trump: syria was lost long ago. besides that, we are talking about sand and death. we are not talking about vast wealth. we are talking about sand and death. reporter:'' the president raised eyebrows when said he essentially fired mattis who resigned last month. officials say mattis was not forced out. in his first meeting with officials at white house shanahan said remember china,
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china, china. liz: let's get to the mayhem at the border. the latest data showing the dangers in making that journey. 400 migrants died trying to cross the border last year. 6,000 illegal immigrants who were deported last year were known gang members and illegal alien terrorists. this as an illegal immigrant:gustav oh arriaga. he's accused of killing ronil singh who left behind a wife and 4-month-old baby.
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all this why the migrant car van does appear to be breaking up. let's bring in zooms governor mike huckabee. happy new year, governor. >> happy new year to you, liz. if anyone could watch that news conference and see officer singh's brother when he broke down emotionally about the murder of his brother and not have a gut-wrenching reaction to that, we should not be seeing these young legally immigrated police officers gunned down leaving a 5-month-old child behind. and i'm grateful the president is standing his ground and telling chuck and nancy it's time for you guys to meet me at the border and let's get this resolved. liz: bell kratz like kamala harris and senator feinstein of
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california, none of them are talking about this murder of this cop. what's your take on that, sir? >> they spent hours talking about the young boy who died it was tragic was his father kept him on the sphrood without adequate food and hydration. but how much bait do we leave at the border encouraging people make this dangerous journey, putting their children at risk and failing to tell them, there is a border here, and you have to cross it legally. that's what i wish the democrats would own up for. they are partially to blame for these horrible things that are happening because they don't want to have a secure border. it's not because they haven't believed in it historically
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because they have. but they don't want the * to get credit for resolving this issue. they would rather lose the issue than solve a problem. i finds that disgusting. liz: we have polls from harvard university showing a majority of americans want border security. even canada's justin trudeau says yes to border security. why haven't the democrats put a daca dial -- deal on the table? why isn't that happening? >> because they don't really care. they can pr -- they can pretendl day long they are fighting for the dreamers. but if they were they would have taken donald trump, deal on the dreamers. he was going to include more. it was going fob to be more
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comprehensive. as soon as he put it on the stabile, they walked away from it. they are not as interested in solving a problem and helping people who need a problem resolved. they just want to play politics fan win political battles. i think at some point i would like to believe americans aren't that duffel and they will see it for what it is. when i hear schumer talking about we want border security, i want someone in that press corps to say, give us some specific examples of what you are willing to do to better secure the border. because they always say that, but they have not one thing that they have laid on the table to actually make it happen. liz: the president to your point was laying out how much we have spent on foreign policy initiatives. mexico, new leftist president andre obrador, he's'' helping to
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stop illegal immigration. >> you have someone far to the left of center who believes tax cuts are an economic benefit. there are still miracles happening in the world. who would have ever not this. but i think it's just a reality that he even as a leftist recognizes that when you raise taxes to a huge degree you start forcing people to move where the taxes are lower. where they can make a decent living. so good for him. you hate to think a leftist will have to teach these democrats the fundamentals of economics. but that's what seems to be happening. liz: governor, come back soon, we love having you on. >> happy new year. liz: the dow futures dropping 300 points. tech shares getting hit after
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hours after the warning from apple on disappointing holiday sales. facebook's mark zuckerberg. critics blasting his year-end letter as tone deaf. but will his game of waiting out his critics work? potentially 20 democrats ready to launch bids for the presidency. elizabeth warren out of the gate first. my panel on whether' mayor chance the heartland will buy or reject her government answers.
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patients that i see that complain about dry mouth. they feel that they have to drink a lot of water. medications seem to be the number one cause for dry mouth. i like to recommend biotene. it replenishes the moisture in your mouth. biotene definitely works. [heartbeat] the doctor just for a shot. with neulasta onpro patients get their day back... to be with family, or just to sleep in. strong chemo can put you at risk of serious infection. in a key study neulasta reduced the risk of infection from 17% to 1%, a 94% decrease. neulasta onpro is designed to deliver neulasta the day after chemo and is used by most patients today. neulasta is for certain cancer patients receiving strong chemotherapy. do not take neulasta if you're allergic to it or neupogen (filgrastim). an incomplete dose could increase infection risk. ruptured spleen, sometimes fatal as well as serious lung problems, allergic reactions, kidney injuries and capillary leak syndrome have occurred.
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liz: here is another story that can hit your finances. 20 democrats getting ready to launch their potential 2020 campaigns. one contender is massachusetts senator elizabeth warren thinks she can win voters by going so far left. let's bring in the panel. >> thank you for having me. happy birthday, liz.
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i think it's very doubtful elizabeth wear will be change any minds. he called for getting rid of many of the tax cuts that have benefited 9 in 10 americans have increased income because of them. we see unemployment is at an 18-year low. and for minorities, hispanics, it's at historic lows. many of the policies she is calling for would be harmful toll americans. with 20 democrats running for president. i think elizabeth warren has 1/1,024 chance of winning. liz: we are talk about whether the democrats can win the
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heartland. here is senator warn. efforts to bring capitalism to the global stage unwittingly allowed non-democratic governments to rise up and lash out. over time the faces of democracy and capitalism have eroded. >> i don't know what's in her head. if china is attacking us because we are successful as a capitalist country. but liz both warren will be better off if she is going to run successfully by talking about the american worker and the middle class. she'll have plenty of opportunity to hone her message. we still have almost 2 years left in this race.
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she is big on central planning. she is pushing for higher taxes. she has been doing things like saying to businesses you have to get a federal charter first and we'll let you operate. you have to come to us for permission. she wants the government to run generic drug factories. federally manufactured drugs. this is central planning gone nuts. >> elizabeth warren has it out for corporate america. she is inexperienced when it comes to foreign on i. i think that's where some of the ignorance came from when she blames capitalism for the fact russia and china have dictators. capitalism gives those countries hope. it's the great save year lifting millions of people out of forve
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difficult. i think if she goes down that track she'll have a lot of trouble on the foreign policy front. liz: the economic growth rate is moving higher this trump was elected. people see that. if there is any indication that the obama policies were wrong. when that market popped higher when trump was elected, that was the market saying yes trump's policies are right. they may not like his tweets. but his policies work. we are not seeing anything coming out of the democrats to take on president trump's policies. >> the trick for democrats is to be aspirational and not be against american business just because it sounds good to the left. >> it's a difficult dance with the left of the party because they are asking for more
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regulation. and that's why we have 0 people running. liz: the learning curve seems steep. but we'll have you both on to talk about it. >> happy birthday, liz. liz: thank you. if you have the world's accurate radar app. weather app on your smart phone. reports indicate this app created by a chinese tech group is taking much more of your personal data including your geographical location. this is the most of popular downloaded the app. did you watch the thriller "bird box" over the weekend? this was a post apocalyptic thriller starring sandra bullock.
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it stars the largest 7-day cureship. speaking of netflix blockbusters. "stranger things" season three will premiere on the 4th july. students in 10 schools in southwest china now wear school uniforms loaded with gps chips to track them. the uniforms set off alarms if a student tries to skip school by walk out the door or falls asleep in class. students are being warned. don't think about switching uniforms. facing recognition will be used. mark zuckerberg does it again. his critics are angry over what they say is mark zuckerberg's tone deaf end of year letter
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that doesn't address their concerns. (ding) hey, who are you? oh, hey jeff, i'm a car thief... what?! i'm here to steal your car because, well, that's my job. what? what?? what?! (laughing) what?? what?! what?! [crash] what?! haha, it happens. and if you've got cut-rate car insurance, paying for this could feel like getting robbed twice. so get allstate... and be better protected from mayhem... like me. ♪ but when i started seeing things, i didn't know what was happening... so i kept it in. he started believing things that weren't true.
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liz: mark zuckerberg kicking off the new year where he left off the old one. his end of year letter is being slammed by critics as out of touch. he talks about personal challenges saying people have control of their information and insuring our services improving people's well-being. harassment on his site, election meddling and more.
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chris, the critics are saying this is a bizarrely worded letter. 1,000 words of patting himself on the back is the way one person put it. >> i think they were being too harsh on mark. most of of it was in response to massive criticism they received from people on the right, the left, and government. but here is the problem facebook has. he has created enemies all over the political spectrum with a democratic party that wants more regulations and a republican party that doesn't trust him. he's been made public enemy number one. liz: facebook advertisers said he seems to be out of touch.
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they say stop calling us users. we are your product. >> i think mark zuckerberg is one of the most of clueless vceos in america. this the only ceo who can walk into a congressional hearing and convince politicians on both side to leave with a distaste for him. when he came into the congressional hearing he looked like a sweaty deer in the headlights. he did a terrible job. everyone is unified against him. it was a tone deaf publication he put out saying we are doing great and moving forward. politicians in 2019 on both sides of the aisle i think will come in and look at new regulations.
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liz: the former apple boss said he and others offered to help hillary clinton in the 2016 election but hillary snubbed them. >> i was surprised to hear this. you hear about the democratic party dealing with the silicon valley because silicon valley likes them. arrogant people create their little fifedoms. if you make the boy genius feel uncomfortable. they will wall you out of your campaign. it see severely hurts the candidate. we saw it with mitt romney and hillary clinton. liz: it seems naive not to accept the help of a company
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with millions of people on its site. >> technology is right in the middle of the ploybook. if you are going to be clueless about that, you will trip and fall down. i think silicon valley and on the letters be careful about spending millions on a candidate who has has tested out. she dropped the ball on this. i think kawasaki's book has interesting tidbits on this. the candidates on either side of the aisle will have to be more tech savvy man hillary clinton was. liz: coming up. we are going to bring in betsy mccaughey on democrats trying to capitalize on the news that drug companies are ringing in the new
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year by raising prices on drugs. the u.s. census brew or revealing the high tax blue states continue to see their population leave. while many low-tks red states are seeing population spikes. we have that story coming up. (engaging uptempo music)
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>> the minimum wage laws are catching up with many, many years of inactivity. they seem like a lot, but if you have go back 20-30 years of income. they won't have as much of an impact. liz: we have new census data to show the majority of states where populations have grown the fastest have no to low income tax. here is the thing. al i want to you weigh in on this, too. nevada, idaho, utah, florida. they are getting more people. california, i will now now, new york are losing people. the democrats can start losing house seats if they do this reapportionment in 2020 given people are leaving these high
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tax a states. >> absolutely. it should be a wake-up call for democrats to see people moving from blue states to red states because of no low property taxes and no income tax. i saw ge leave connecticut and devastate the state. the families are leaving. they are moving to states that can support american families. liz: democrats could lose house seats after the 2020 reapportionment because they are losing people. >> maybe that was the republican plan. it was the republican tax bill that took away the state and
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local mortgage deduction. >> i don't think republicans looked ahead to this. >> this was happening in connecticut long before the tax cuts. >> i agree this migration has been going on for quite some time. it's inevitable. you also have an influx of immigrants. and i think democrats are doing just fine. they received 54% of the vote in the last house election nationwide. so they are doing okay. liz: you know what else we are going to see. new york governor andrew cuomo is blaming the cold weather for the pop layer exodus. but new hampshire has no income tax and they added thousands of people. >> i don't think that's much of an excuse. ge from connecticut moved to massachusetts. do you think if it were about the weather they would have gone
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down south. i think there are bigger problems. companies need lower taxes. liz: you guys have been terrific. come back soon. >> millions of charter cable tv subscribers loss local stations. this is the nation's second largest cable companies. it failed to sign a new contract with tribune media. the dow futures are still down 300 points. it will be a rough day tomorrow on the market. apple warned it gave a bad holiday sales forecast. drug companies ringing in the new year, raising prices on lots of medicine. but we have "new york post" columnist betsy mccaughey.
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she says watch out for the democrats' solution to fix the problem. it could be worse than you expected. i don't know why i didn't get screened a long time ago.
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liz: the part of healthcare we feel the most of at the cash register is high drug prices. this is what drug makers usually do at the beginning of the year. they ring in the new year by raising drug costs. politicians are sitting up and taking notice. joining me, betsy mccaughey. >> the democratic wannabes are demagoguing this issue. if you have someone in your family with cystic fibrosis or cerebral palsy, you want to make sure these recommendations are not put into place because they will halt medical innovation. elizabeth warren has the wackiest proposal of all. she wants state-owned star suit
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cal -- state-owned pharmaceutical companies. and bernie sanders wants to shorten patent protection. eliminating or threatening patent protection will mean investors more their money out of the pharmaceutical industry into other alternatives. pharmaceutical profits are 10-20 percent. broadcasting makes more money. banking makes more money. those are industries that are not saving lives day after day. when you see the pace of medical innovation. we are curing cancer by altering patients' genes. president trump rolled out
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indexing the cost of drugs provide in hospitals and doctors offices, to an index of 16 other countries. the real reason our drugs cost so much is free loading. foreign free loading. the pharmaceutical companies sell the same drug to us at twice what they charge other countries. liz: what other countries? >> u.k., norway, japan, canada. they sell in bulk to those systems for the marginal cost of producing the pill. but they don't collect any r & d. the americans are providing 70% of the profits. so by implementing this international pricing index, trump will be forcing the pharmaceutical companies to charge the customers more.
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they are going to look at these prices and say you can't charge american consumers or medicare more than the average of what you are charging the 16 countries. they are rolling it in gradually. it will have an enormous impact. then medicare part d, they are drugs absorbing the price increase. medicare won't cover it if there are two other drugs in the same category for a lower price. liz: the president is saying hey, drug companies, put your dollar costs in advertisements on television. >> that will make everybody feel good. but what we need to understand is what we are getting for our money. the increase in longevity, the
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increase in quality of life for people afflicted with illnesses is remarkable. it's what's happening in the pharmaceutical drug company labs. liz: what are the drug companies saying about the democrats? >> so far they have been way too quiet about explaining what they do. liz: you are worried about the democrats, right? >> i'm very worried. the proposal elizabeth warren made, and she made it several times, it's a death sentence for incurable illnesses. liz: it feels like it's half hearted. liz: we'll have you back on again soon. former senate majority leader harry reid has tough word about the president. we take that on next. so they say that some day ai will transform the human race. well, today you're a little busy transforming your call center.
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the doctor's office just for a shot. but why go back there... when you can stay home with neulasta onpro? strong chemo can put you at risk of serious infection. in a key study neulasta reduced the risk of infection from 17% to 1%, a 94% decrease. neulasta onpro is designed to deliver neulasta the day after chemo and is used by most patients today. neulasta is for certain cancer patients receiving strong chemotherapy. do not take neulasta if you're allergic to it or neupogen (filgrastim). an incomplete dose could increase infection risk.
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ruptured spleen, sometimes fatal as well as serious lung problems, allergic reactions, kidney injuries and capillary leak syndrome have occurred. report abdominal or shoulder tip pain, trouble breathing or allergic reactions to your doctor right away. in patients with sickle cell disorders, serious, sometimes fatal crises can occur. the most common side effect is bone and muscle ache. if you'd rather be home ask your doctor about neulasta onpro. pay no more than $5 per dose with copay card. liz: now without citing much reason or effort, former senate majority leader harry reid calling president trump quote the worst president we've ever had. reid is suffering from pan kree attic cancer. joining me now, retired army lieutenant colonel alan west. what's your response to these remarks. >> when you think back to 2012 when harry reid took to the
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senate floor and accused mitt romney of not paying his taxes which we came to find out was a lie, he said he lost, didn't he. that was his response. i don't putney credibility into what the former senate majority leader is saying. i wish his health concerns can be rectified. liz: it's appreciated, your concerns about his health. correct me if i'm wrong. harry reid took to the senate floor to say mitt romney didn't pay any taxes over a decade is that correct? >> you're correct. liz: he was totally wrong about that. never retracted it and never apologized. >> here's a person that lied on the floor of the united states senate and obviously he knew he was telling a lie and now he's going to come out and talk about someone else's character. liz: kanye west saying i do
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support president trump and i will perform in a make america great again hat. remember he was backing off of that because of a firestorm of criticism. he's now coming out saying i'm going full on president trump saying i'm going to support him. what's your take on that? >> it's personality versus policy. when you look at the policies of president trump, what he has been able to do in the black community with the unemployment rate dropping, getting people back to work and hopefully small business entrepreneurship increases in the inner cities. the next important thing is talking about better education choices and that's something that kanye west agrees with. liz: we're not seeing much backlash against kanye west saying this. but kanye west really got hammered for the position and now people are not going to comment on it. your take? >> i take what's the use of going back to another meltdown.
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they've been there before. and the thing is that we should live in a country where someone has the freedom to express themselves politically unless the left is embraces fascism. liz: we've got the president talking about the taliban and iris. do we have the sound bite ready? let's listen. >> we have an area that i brought up with the generals four or five weeks ago, taliban is here, isis is here and they're fighting each other. why don't you let them fight. why are we getting in the middle of it. i said, let them fight. they're both our enemies. let them fight. sir, we want to do it -- they go in and end up fighting both of them. the craziest thing i've ever seen. liz: your reaction, colonel. >> it's important to cordon off the jihadist groups and we should not allow them to metastasize and expand whatever areas that they have. that was one of the problems in
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afghan that. liz: colonel, thank you so much for joining us and thank you for having us in your homes. thank you for watching. lou dobbs is next right here on the fox business network. have a good night. lou: good evening, everybody. our top stories, now is the time. president trump entering this new year facing the most pressing challenges of his presidency. today president trump held two critical meetings at the white house, one with his cabinet, the other with congressional leaders of both parties. and the president stood tall in his demands for border security, his america first agenda. president trump made it clear, the government shutdown may be lengthy but after central american migrants tried to storm the southern border and assault border patrol officers, the president says a wall is

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